Innovator U.S. Equity Ultra Buffer ETF (UMAR)
Innovator U.S. Equity Ultra Buffer ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Wheaton, IL, US. The stock last traded at $42.97, up 0.09% on the session, giving a market capitalisation of $205.1M. Its beta of 0.44 implies it has historically moved less than the broad market.
Here's a rephrased description: The Innovator U.S. Equity Ultra Buffer ETF (UMAR) is designed to mirror the performance of an S&P 500-tracking ETF, though with an imposed ceiling on potential gains. Concurrently, it offers investors a protective buffer against market downturns, absorbing losses that occur within the range of -5% to -35% over its defined outcome period. This fund is built for continuous investment, with its specific cap and buffer parameters resetting annually at the end of each investment cycle.
Innovator U.S. Equity Ultra Buffer ETF is most often compared with the following Financial Services names: